Quanterix

Quanterix

A company that is digitizing biomarker analysis with the goal of advancing the science of precision health. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues86.4m111m105m121m136m160m192m
% growth52 %28 %(5 %)15 %13 %17 %20 %
EBITDA(31.6m)(58.6m)(43.0m)(38.2m)(43.0m)(34.0m)(19.4m)
% EBITDA margin(37 %)(53 %)(41 %)(32 %)(32 %)(21 %)(10 %)
Profit(31.5m)(57.7m)(96.7m)(32.3m)(36.4m)(33.4m)(25.0m)
% profit margin(37 %)(52 %)(92 %)(27 %)(27 %)(21 %)(13 %)
EV / revenue15.0x10.5x1.7x5.9x3.4x2.9x2.4x
EV / EBITDA-41.1x-19.8x-4.1x-18.6x-10.7x-13.5x-23.7x
R&D budget20.2m28.0m25.9m24.9m---
R&D % of revenue23 %25 %25 %21 %---
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DateInvestorsAmountRound

$15.0m

Series A

$6.5m

Series B
N/A

$2.5m

Early VC

$6.0m

Series B
N/A

$18.5m

Series C
*

$18.5m

Series C

$500k

Grant

$46.0m

Series D
*

$8.5m

Series D
N/A

N/A

IPO
N/A

$49.7m

Post IPO Equity
N/A

$97.6m

Post IPO Equity
*
N/A

$288m

Post IPO Equity
*

N/A

Grant
Total Funding$122m

Recent News about Quanterix

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More about Quanterixinfo icon
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Quanterix Corporation is a pioneering company in the field of digital health, specializing in ultra-sensitive biomarker detection. The company operates primarily in the biotechnology and healthcare markets, focusing on early disease detection and monitoring. Quanterix's flagship technology, Simoa (Single Molecule Array), allows for the detection of biomarkers at extremely low levels, which is crucial for identifying diseases at their earliest stages, even before symptoms appear.

Quanterix serves a diverse range of clients, including pharmaceutical companies, academic research institutions, and clinical laboratories. These clients use Quanterix's technology for various applications such as drug development, clinical diagnostics, and basic research. The company's products are particularly valuable in areas like oncology, neurology, and cardiology, where early detection and monitoring can significantly impact patient outcomes.

The business model of Quanterix revolves around the sale of its advanced imaging and analysis systems, such as the SP-X Imaging and Analysis System, and the associated consumables and reagents required for biomarker detection. Additionally, Quanterix offers services like assay development and optimization, which help clients tailor the technology to their specific needs.

Quanterix generates revenue through the direct sale of its instruments and consumables, as well as through service contracts and collaborations with pharmaceutical companies. By providing cutting-edge technology that enhances the sensitivity and specificity of biomarker detection, Quanterix enables its clients to achieve more accurate and reliable results, thereby adding significant value to their research and clinical efforts.

In summary, Quanterix is at the forefront of digital health innovation, offering advanced biomarker detection solutions that empower early disease detection and monitoring.

Keywords: Biomarker Detection, Simoa Technology, Early Disease Detection, Biotechnology, Healthcare, Pharmaceutical, Clinical Diagnostics, Imaging Systems, Assay Development, Digital Health.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Quanterix

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UmanDiagnostics
ACQUISITION by Quanterix Jun 2019